https://www.taxtmi.com/caselaws?id=434349 The court allowed the petition, quashing the notice issued under Section 148 of the Income Tax Act to the amalgamated company. The court emphasized that once a company ceases to exist due to amalgamation, it cannot be subject to assessment proceedings, rendering any notice issued in its name fundamentally illegal. The court highlighted that the communication provided by the petitioner regarding the amalgamation was deemed sufficient, and the notice was set aside. The court clarified that this decision does not prevent the respondents from taking lawful action against the petitioner. en-us Mon, 13 Feb 2023 00:00:00 +0530 Mon, 25 Sep 2023 11:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434349 The court allowed the petition, quashing the notice issued under Section 148 of the Income Tax Act to the amalgamated company. The court emphasized that once a company ceases to exist due to amalgamation, it cannot be subject to assessment proceedings, rendering any notice issued in its name fundamentally illegal. The court highlighted that the communication provided by the petitioner regarding the amalgamation was deemed sufficient, and the notice was set aside. The court clarified that this decision does not prevent the respondents from taking lawful action against the petitioner. Case-Laws Income Tax Mon, 13 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434349